No one can say that the Federal Reserve can’t do the impossible.  At long last observers from across the political […]

Existing home sales declined 2.7% in March to a 5.770 million annual rate, matching consensus expectations.  Sales are down 4.5% […]

View from the Observation Deck 1. In Q4’21, S&P 500 Industrials (Old) cash and equivalents stood at $1.80 trillion (see […]

Housing starts increased 0.3% in March to a 1.793 million annual rate, easily beating the consensus expected 1.740 million.  Starts […]

Real GDP, in the US, grew 5.5% in 2021, the fastest growth for any calendar year since the Reagan Boom […]

Industrial production increased 0.9% in March (+1.0% including revisions to prior months), easily beating the consensus expected gain of 0.4%.  […]

Retail sales rose 0.5% in March (+1.2% including revisions to prior months). The consensus expected a gain of 0.6%.  Retail […]

The Producer Price Index (PPI) rose 1.4% in March, coming in above the consensus expected +1.1%. Producer prices are up […]

The Consumer Price Index (CPI) increased 1.2% in March, matching consensus expectations.  The CPI is up 8.5% from a year […]